The flag of the Hong Kong Stock Exchange flies next to China’s national flag. The exchange and its connections with mainland markets have seen a flurry of investment in recent days.
© Reuters
ECHO WONG, Nikkei staff writer |
HONG KONG — China stocks have gained momentum as market players scurry to avoid missing rallies driven by supportive policies, analysts say, while cautioning that the upswing does not yet reflect a return of long-term investors.
A series of measures announced since mid-April to support the mainland and Hong Kong stock markets are playing a key role, analysts at Goldman Sachs said in a report published Monday.
